Streetbeat News

GNNSF

Genscript Biotech Corporation

https://www.genscript.com

CEO

Fangliang Zhang

Industry

Testing Laboratories

Open

1.45

Mkt cap

3.3B

Volume

1.9K

High

1.58

P/E Ratio

-19.75

52-wk high

3.20

Low

1.41

Div yield

N/A

52-wk low

1.05

Genscript Biotech Corp. (OTC:GNNSF) is considering selling its 48% stake in Legend Biotech (NASDAQ:LEGN) amid potential buyout offers. Legend's core cancer therapy, Carvykti, is expected to peak at $7.3 billion in annual sales. Despite Genscript's strong cash reserves, U.S. policy risks may influence its decision.

Portfolio Pulse from The Bamboo Works

August 01, 2024 | 2:52 pm

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